Dollar to Naira Black Market 2nd August 2022 Today Exchange Rate

Current Dollar to Naira Black Market 2nd August 2022, Dollar to Naira exchange rate today 02/08/2022, Dollar to Naira CBN exchange rate today.

How much is dollar to Naira black market today 2nd August 2022? How much is 1 dollar in Naira? What is the dollar to naira CBN and black market exchange rate today?

Another shocking news has it that Naira has fallen again against dollars. The high exchange rate of dollar to naira has shown that Naira has dipped again.

How much is Dollar to Naira Black Market 2nd August 2022

As of today 2nd August 2022, the dollar to Naira black market exchange rate is N700. $1 USD dollar is exchange for N690 – N700 in the the black market.

We have also received reports that 1 dollar sells between N690 to N710 in some states like Kano, Lagos, Enugu, Abuja, Port Harcourt, Uyo, etc.

Dollar to Naira Today CBN Rate 2nd August 2022?

As of today 2nd August 2022, the dollar to Naira Central Bank of Nigeria (CBN) exchange rate is N415. $1 USD dollar is exchanged for N415 at CBN exchange rate.

CBN Rate Breakdown

Currency Buying(NGN) Central(NGN) Selling(NGN)
US DOLLAR 415.9 416.4 416.9
POUNDS STERLING 508.3546 508.9657 509.5769
EURO 425.4657 425.9772 426.4887
SWISS FRANC 437.6052 438.1313 438.6574
YEN 3.1389 3.1426 3.1464
CFA 0.6265 0.6365 0.6465
WAUA 549.1253 549.7854 550.4456
YUAN/RENMINBI 61.5756 61.6501 61.7246
RIYAL 110.7295 110.8626 110.9957
SOUTH AFRICAN RAND 25.189 25.2192 25.2495

Note: This data was gathered on 1/08/2022 and is subject to change at any time. For accurate information on this, visit the CBN exchange rate portal via https://www.cbn.gov.ng/rates/exchratebycurrency.asp

Dollar to Naira Bank Rate 2nd August 2022

Different commercial banks across Nigeria has varying dollar to naira transactional exchange rate. Although the CBN has fixed N415, some commercial banks still charge more than this.

Banks Exchange Rate Breakdown

Bank Name Amount in Dollar Exchange rate to Naira
GTBank $1 ₦ 490
Access Bank PLC $1 ₦ 505
 UBA $1 ₦ 503
 Ecobank $1 ₦ 480
Stanbic IBTC Bank $1 ₦ 475
Zenith Bank PLC $1 ₦ 480
Fidelity Bank $1 ₦ 533
 Sterling Bank $1 ₦ 480
 Union Bank $1 ₦ 414
Standard Chartered Bank $1 ₦ 463
Wema Bank $1 ₦ 461

Note: This data was gathered on 1/08/2022 and is subject to change at any time. For accurate information on this, Visit each of the bank’s exchange rate portal to see the latest update.

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